SYDNEY: FriendFinder Networks Inc, the owner of Penthouse magazine and a sex-dating website, sought bankruptcy protection in Delaware, citing liabilities of as much as US$1bil.
The Boca Raton, Florida-based company listed assets of less than US$10mil in Chapter 11 filing in Wilmington, Delaware. – Bloomberg
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!